The question is if DerivaDAO is currently on an uptrend?
According to the data, since December 15, 2021, DerivaDAO has been steadily decreasing and has gone down -97.74%. Concerning the 200-day moving average line, 1020.43 is currently 588.46% above it. It is also 461.44% above the 100-day moving average line and __val__% above the 50-day moving average line.
Predictions for the price of DerivaDAO in 2023
Let's examine the one-year forecast more closely since it is the most precise of the analysts' forecasts.
Analysts were divided in their predictions for the DerivaDAO price over the next year. The highest forecast predicted a one-year price target of $0.13. However, the most pessimistic forecast was $0.10.
The latest average price target for the next year is $0.11, which is the most vital figure.
This means that DerivaDAO could drop by -0.88% in value during 2023.
DDX - Relative Strength Forecast
DDX - Trend Prediction
DDX - Price Volatility Prediction
DDX - Relative Strength
DDX - Momentum Forecast
DerivaDAO's Prospects For 2025-2030
DerivaDAO's future looks promising. According to three analysts, DerivaDAO is expected to reach $0.11 by March 2025. The five-year forecast projects that the DerivaDAO price will be $0.11 by March 2027. The long-term prediction for 2030 is $0.10.